Director Barry Davies Acquires 223,000 Shares of Scandium International Mining Corp (TSX:SCY)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 19 2024
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Source: Yahoo Finance
- Director Barry Davies Insider Transaction: Director Barry Davies purchased 223,000 shares of Scandium International Mining Corp at C$0.17 per share, totaling approximately C$37,910.
- Scandium International Mining Corp Business Focus: The company is engaged in exploring and developing mineral properties, with a focus on producing scandium and other rare earth minerals for industrial applications.
- Insider Transaction History: Notable purchase by the insider contrasts with no other insider buys or sells over the past year for Scandium International Mining Corp.
- Stock Market Performance: Shares were trading at C$0.17 on the day of the transaction, with a market cap of C$6.536 million and a high price-earnings ratio of 9999.00.
- Investor Interest: The insider buy may indicate confidence in the company's future prospects, potentially interesting to investors looking at the company's valuation metrics.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
